OOSP vs SCHD
Obra Opportunistic Structured Products ETF vs Schwab US Dividend Equity ETF
Which is better, OOSP or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OOSP | SCHD |
|---|---|---|
| Expense Ratio | 0.64% | 0.06%Best |
| AUM | $150M | $112.1B |
| Dividend Yield | 6.88% | 3.00% |
| Holdings | 250 | 103 |
| YTD Return | +3.92% | +21.99%Best |
| 1Y Return | +5.89% | +25.92%Best |
| 3Y Return (annualized) | - | +15.66% |
| 5Y Return (annualized) | - | +9.48% |
| Volatility (annualized) | 1.4%Best | 13.3% |
| Max Drawdown | -1.3%Best | -16.1% |
| $10,000 over 2.5 years | $11,848 | $13,980Best |
| Fund Family | Obra Fund Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 9, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 10, 2024 to Sep 23, 2026 (2.5 years).
OOSP vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
OOSP vs SCHD Performance
Obra Opportunistic Structured Products ETF (OOSP) is an ETF from Obra Fund Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year OOSP returned +5.89% while SCHD returned +25.92%. Year to date, OOSP is up 3.92% versus a gain of 21.99% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 1.4% for OOSP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -1.3% for OOSP and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OOSP charges 0.64% per year while SCHD charges 0.06%. On a $10,000 position that is $64 vs $6 annually, a gap of $58 per year that compounds over a long holding period. On income, OOSP currently yields 6.88% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 12 holdings in OOSP and 100 in SCHD, totalling 3.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 12 positions we hold weights for in OOSP and 100 in SCHD, against full books of 250 and 103.
You are not choosing between two funds in isolation.
Whichever of OOSP and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OOSP or SCHD?
OOSP has an expense ratio of 0.64% while SCHD charges 0.06%. SCHD is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, OOSP or SCHD?
Over the past year OOSP returned +5.89% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OOSP or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 1.4% for OOSP. Worst drawdown: OOSP -1.3% vs SCHD -16.1%.
Should I hold both OOSP and SCHD?
OOSP and SCHD have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OOSP or SCHD?
OOSP yields 6.88% while SCHD yields 3.00%, so OOSP currently pays the higher dividend yield.
Is SCHD better than OOSP?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.